The battle between Lord Black and Hollinger International over the sale of the company’s newspaper assets became even more litigious last night as Black’s Hollinger Inc announced that it is to counter-sue Hollinger International.In a statement Black’s holding company claims that Hollinger International has engaged in ‘illegal manoeuvring’ in order to interfere with the sale… Continue reading Black Counter-Sues Hollinger Over Illegal Interference
The UK online advertising market continues to grow at a rapid rate and is now officially double the size of cinema, according to updated figures from the Interactive Advertising Bureau.The update provides a breakdown of figures released by the IAB before Christmas, which revealed that online advertising spend topped £151 million in the first half… Continue reading Internet Advertising Reaches Record Levels
BSkyB’s chief financial officer, Martin Stewart, has announced his intention to quit the company just months after losing out to James Murdoch in the race for the chief executive’s position.Stewart was beaten to the helm of the satellite broadcaster last year by the youngest son of News Corporation chairman, Rupert Murdoch, who ignored fierce shareholder… Continue reading BSkyB Loses Stewart As Chief Finance Officer
The head of Freeview, Matthew Seaman, has quit the BBC-backed digital terrestrial service and is believed to be in talks to join a new pay-television operation due to be launched later this year.Seaman was appointed general manager of Freeview a year ago and has overseen the dramatic growth of the platform, which has pushed the… Continue reading Freeview Boss Quits As Sales Continue To Rise
The Sunday Telegraph will this week publish a preview of the forthcoming Six Nations Rugby Tournament and will offer readers a free DVD featuring the greatest moments from the competition.The 32-page full colour supplement will feature a team by team assessment and a profile of French coach, Bernard Laporte, written by Paul Ackford, former England… Continue reading Sunday Telegraph Launches Special Six Nations Guide
Global advertising expenditure growth will accelerate in 2004, as a new world order in advertising emerges, according to the latest Spheres Of Influence report from Initiative Media.The agency network forecasts that worldwide adspend will rise by 5.8% to reach $331.4 billion in 2004. This figure accounts for the combined markets of the 44 countries on… Continue reading Global Adspend To Rise 5.8% In 2004, Says Initiative
A fifth of US households now have a high-speed broadband connection to the internet, according to new figures from Jupiter Research.Subscribers to MediaTel Insight can access more national and international media analysis, forecasts and news by visiting the site.
The US radio industry just managed to scrape a positive growth in 2003 advertising revenues, with the combined spend of the national, local and network categories showing a 1% rise over 2002.Subscribers to MediaTel Insight can access more national and international media analysis, forecasts and news by visiting the site.
Fourteen years of gradual consolidation of the ITV Network finally came to fruition yesterday with the long-awaited merger of Carlton and Granada creating a single ITV company worth more than £5 billion (see ITV Enters New Phase With Merger Completion).The newly created ITV plc closed its first day of trading at 148p after opening at… Continue reading Sharewatch: Merged ITV Completes First Day Of Trading
Airtime revenues at Capital Radio rose by 5% during its first quarter, in line with an improvement in the general advertising market and meeting the group’s expectations. Capital is seeing strong revenue growth at its London alternative station, Xfm, as well as across the Century FM network. Its flagship London station, Capital 95.8, is faring… Continue reading Capital Radio Sees ‘Modest’ Revenue Growth Ahead
